DAILY COMMODITY MARKET STRATEGY-23 APR

BASE METAL WRAP: Nickel climbed to a 14-month high on concern the collapse of an accord to ease tension between Ukraine and Russia may lead to disruptions in global supply that was already curbed by an Indonesia export ban.

ENERGY WRAP: West Texas Intermediate traded near a two-week low as a manufacturing gauge signaled a fourth month of contraction in China, the world’s second-biggest oil user. Brent was steady in London.

PRECIOUS METAL WRAP: Gold traded above a 10-week low as improvements in the U.S. economy were weighed against tension in Ukraine and signs of higher demand in China. Assets in the largest exchange-traded product held at the lowest in 12 weeks.
 
GLOBAL EVENTS TO WATCH: CPI q/q, HSBC Flash Manufacturing PMI, French Flash Manufacturing PMI, German Flash Manufacturing PMI, MPC Asset Purchase Facility Votes, MPC Official Bank Rate Votes, Core Retail Sales m/m, Flash Manufacturing PMI, New Home Sales, Crude Oil Inventories.

AGRI COMMODITY	BULLION COMMODITY
CS CHANA (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:3040 SUP2:2975 RESIST1:3210 RESIST2:3260 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927 +919977499927	CS COPPER (APRIL) OVERVIEW: TREND CONSOLIDATE SUP1:405 SUP2:400 RESIST1:412 RESIST2:418 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS JEERA (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:9800 SUP2:9600 RESIST1:10450 RESIST2:10700 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS CRUDE (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:6195 SUP2:6140 RESIST1:6340 RESIST2:6420 TRADING STRATEGY: SELL ON RISE CAPITALSTARS.COM +919200099927
CS TURMERIC (MAY) OVERVIEW: TREND BULLISH SUP1:6810 SUP2:6600 RESIST1:7050 RESIST2:7320 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS GOLD (JUNE) OVERVIEW: TREND CONSOLIDATE SUP1:28480 SUP2:28200 RESIST1:29000 RESIST2:29150 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927
CS SOYABEAN (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:4345 SUP2:4285 RESIST1:4520 RESIST2:4700 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927	CS SILVER (MAY) OVERVIEW: TREND CONSOLIDATE SUP1:41500 SUP2:40300 RESIST1:42800 RESIST2:43450 TRADING STRATEGY: BUY ON DIPS CAPITALSTARS.COM +919200099927